Summary
QIP Details
Type of Issuance: Equity Shares of face value ₹10 each
Total Amount Raised: ₹100,00,00,000 (One Hundred Crore) calculated as 23,36,448 shares × ₹4,280 per share
Number of Securities Issued: 23,36,448 Equity Shares
Face Value and Issue Price: Face value of ₹10 per share with an issue price of ₹4,280 per Equity Share
The issue price represents a discount of ₹158.20 per Equity Share (3.56%) to the floor price of ₹4,438.20 per Equity Share
Premium: Premium of ₹4,270.00 per Equity Share (calculated as Issue Price ₹4,280 minus Face Value ₹10)
Names of Allottees: Not disclosed in the document
Timeline and Approval References:
- QIP opened on August 17, 2026
- QIP closed on August 20, 2026
- Finance and Investment Committee meeting held on August 20, 2026 from 8:30 PM to 8:45 PM
- Approved under Chapter VI of SEBI ICDR Regulations and Sections 42 and 62 of Companies Act, 2013
- Floor price determined according to Regulation 176(1) of SEBI ICDR Regulations
Purpose of the QIP: Not specified in the document
Post-QIP Shareholding Pattern: Not disclosed in the document
Other Announcements in the Document
The document also confirms the adoption and filing of the placement document dated August 20, 2026, which has been made available on the company's website at https://shrirampistons.com.
The document serves as compliance under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.